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Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) News Today

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares logo
$25.33 +1.31 (+5.45%)
Closing price 06/13/2025 04:10 PM Eastern
Extended Trading
$26.00 +0.67 (+2.63%)
As of 06/13/2025 08:00 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

Why is Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares Up Today?

Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2x Shares (GUSH) rose today as oil prices surged on heightened Middle East tensions and supply‐risk concerns, boosting bullish sentiment for leveraged oil & gas plays.

  • Geopolitical supply fears: Israel’s strikes on Iran and the risk of retaliation sent WTI and Brent futures sharply higher
  • Crude price spikes: Oil benchmarks rallied 7–13% intraday, with WTI climbing above $73 and analysts warning of potential $100+ levels if conflict widens
  • Hormuz Strait risk: Tanker rates spiked on fears of Gulf shipping disruptions, adding to supply‐shortage worries
  • OPEC+ strain: Reports that OPEC+ could struggle to cover any major Iranian supply shortfall underpinned a bullish outlook
  • Energy sector strength: Major oil producers such as ExxonMobil and Halliburton led gains, lifting oil‐linked funds
  • IEA stock release stance: The International Energy Agency said it stands ready to tap emergency reserves, while OPEC downplayed the need—creating mixed signals on actual supply relief
  • Technical resistance: Crude oil ran into its 200-day moving average, suggesting possible consolidation before the next leg up
  • JP Morgan outlook: The bank maintained its 2025 oil forecast in the low-to-mid $60s, cautioning that worst‐case scenarios could still drive prices much higher
  • Global growth concerns: Sustained high oil prices could slow economic activity and eventually curb energy demand
  • Inflation & rates: Elevated energy costs may add to inflationary pressures and complicate the Federal Reserve’s rate policy, which could weigh on leveraged ETFs over the longer term
Posted 21h agoAI Generated. May Contain Errors.

GUSH Latest News

How the Israel-Iran War Could Play Out for Oil
Oil prices surge after Israel said it struck Iran
Oil Edges Lower on Mixed Signals
Oil Rises Amid Geopolitical Tensions
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GUSH Media Mentions By Week

GUSH Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

GUSH
News Sentiment

-0.05

0.73

Average

News Sentiment

GUSH News Coverage

We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week.

GUSH Articles
This Week

27

16

GUSH Articles
Average Week

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This page (NYSEARCA:GUSH) was last updated on 6/14/2025 by MarketBeat.com Staff
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